Long Island Capital Alliance Announces Major Success for Homeland Security and Defense Capital Forum
Save the Date: Technology Transfer Ideas to Be Presented at Next LICA Capital Forum on June 8, 2012
(firmenpresse) - MELVILLE, NY -- (Marketwire) -- 03/22/12 -- The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced the successful completion of the Homeland Security and Defense Capital Forum held on March 9. The event was held in partnership with the Long Island Forum for Technology ("LIFT").
"In our first collaborative effort with LIFT, we are delighted to have achieved considerable success with our Homeland Security and Defense Capital Forum," said Jeffrey L. Bass, Chairman of LICA. "LICA's position as a leading player in capital formation assistance for regional companies is being further enhanced by its transformation through partnerships with other Long Island business-oriented associations. LIFT played a major role as a partner in the recently completed capital forum, particularly by nominating our presenting companies."
Commenting on LICA's Homeland Security and Defense Capital Forum, Scott Meyers, Chief Operating Officer of V.C.O.R.E. Solutions, one of the presenting companies, said, "Unlike other conferences like this one that we have been to in the past, we actually received valuable feedback from industry experts right there at the event... as well as interest from an investor group within hours."
"I'm was very grateful for the opportunity to speak in front a very accomplished group of individuals that the Long Island Capital Association was able to bring together," said Joseph Mallia, Chief Executive Officer of SiCore Technologies. "It provided a great opportunity for SiCore to speak directly to the investment community and receive instant feedback that will be critical to our success as an early stage venture."
Mr. Bass continued, "Aside from their industry orientation and local domicile, the companies selected to present share an important commonality in the potential for significant growth and increased local employment with a capital infusion. Four companies presented to an audience of over 60 investors and other business professionals. We are pleased to report that within a week of the event at least one of them has been approached by a venture capital firm in attendance at the event regarding an investment. LICA and LIFT, working together, has made this possible. We are excited by this success and look forward to additional partnerships in our effort to help other industries and regional companies thrive."
Frank Otto, President of LIFT President,
Kevin S. Law, President and CEO of the Long Island Association,
Roger Christopher, V.P., Corp. Finance of KPMG Finance,
William Reinisch, Partner of Palladin Capital Group, and
Bradley Schreiber, V.P., Washington Operations for the Applied Science Foundation for Homeland Security.
: A leading provider of innovative tools and technologies to protect public and private safety workers and first responders. Impact creates actionable knowledge by building innovative tools and technologies, including cloud-based platforms and technology transfer applications, creating a scalable solution for any size law enforcement entity.
(OTCBB: PSWS): Developer of the First Response Water System (FRWS), a mobile water treatment system that is capable of being deployed to communities and businesses in times of natural disasters or other water crises and producing 30,000 gallons of clean potable water a day to sustain lives. The PureSafe™ First Response Water System is fully equipped to purify water within 30 minutes from its initial connection to a water source. Because it is able to treat all types of contamination (except radiation), it can be mobilized as soon as a disaster is evident.
Affiliated with New York State's Applied Science Foundation for Homeland Security, SiCore is a cyber security firm founded in 2004. SiCore has developed a secure server solution with an "artificial immune system" that monitors and detects anomalous behavior on the host computer and delivers countermeasures to combat rootkits and evasive malware not detected by traditional security systems.
Created by Balfour Technologies and Power Management Concepts (PMC), V.C.O.R.E. provides real world solutions for homeland security, emergency preparedness, and rapid response environments. The company created a solution to interactively visualize massive amounts of available intelligence, surveillance and infrastructure data into a single four-dimensional Common Operating Environment to achieve mission-critical automated situational awareness.
Since 1984, the Long Island Capital Alliance (), formerly known as Long Island Venture Group, has been promoting business growth on Long Island. LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today's markets. LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers. Through quarterly capital forums and special meetings, LICA brings together members of the region's business community, and has been recognized as the place to turn to when small businesses needs equity, debt or other financing, or for investors to find an attractive investment opportunity.
LICA's mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature middle market closely held and publicly-traded businesses. LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations. LICA brings together members of the region's business community and serves as the finance arm for significant local business and organizations.
Jordan Darrow
Darrow Associates, Inc.
(631) 367-1866
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Datum: 22.03.2012 - 11:10 Uhr
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